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Goldman Sachs Used AI as Cover for Mass Layoffs. Here's Why That's Terrifying.
Future of Dev

Goldman Sachs Used AI as Cover for Mass Layoffs. Here's Why That's Terrifying.

Goldman's 2026 AI memo isn't about innovation. It's a cost-cutting playbook dressed up as progress. When companies fire engineers to fund LLM subscriptions, they're not creating value. They're just moving payroll budgets to cloud providers while destroying institutional knowledge and compliance infrastructure.

Feb 27, 2026 · 3 min read
Goldman Sachs Turned AI Into a Layoff Excuse, and We All Saw It Coming
Future of Dev

Goldman Sachs Turned AI Into a Layoff Excuse, and We All Saw It Coming

The Goldman Sachs memo wasn't a one-off. It's the playbook: overhire during boom times, then use AI as cover for mass layoffs. Executives are confusing cost-cutting with innovation, and developers are paying the price. Here's why this strategy is destined to collapse.

Feb 27, 2026 · 4 min read
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